Today in prediction market news, we’re tracking the biggest developments across the industry in real time, from fresh lawsuits and insider trading allegations to regulatory battles, market-moving legislation, and
California authorities have filed felony grand theft and forgery charges against former United Firefighters of Los Angeles City Secretary Adam Walker, accusing him of taking nearly $83,000 from a firefighters’
Kentucky Attorney General Russell Coleman has opened a new front in the fight over online wagering, filing lawsuits against prediction market operators Kalshi and Polymarket as well as sweepstakes casino company
Pennsylvania gambling regulators have stripped gambling privileges from 18 people, including four adults accused of leaving children unattended at casino properties while they gambled. The action was approved by the
Relativity Space—a rocket maker acquired by former Google executive chair Eric Schmidt last year after stumbling on the path to orbit—might just beat SpaceX to Mars.